China Trade - Highlight
25 April 2017
The establishment of pilot free trade zones represents China's major move to adopt a more proactive strategy of opening up in line with the new trend of global economic development. The State Council has so far approved pilot free trade zones (FTZs) for Shanghai, Tianjin, Guangdong, Fujian, Liaoning, Zhejiang, Henan, Hubei, Chongqing, Sichuan and Shaanxi.
Vietnam has a great demand for modern logistics services to support its processing industries as well as food and aquaculture businesses. Hong Kong’s logistics firms are well positioned in tapping the rising demand in Vietnam for integrated logistics services, especially those opportunities resulting from the expansion of Vietnam-China trade.
With its electronics sector suffering from falling investment and growing competition, Malaysia sees digital infrastructure as the likely key its future economic success, with plans in place to launch the world's first Digital Free Trade Zone.